IFP Advisors Inc Increases Holdings in iShares Core High Dividend ETF $HDV

IFP Advisors Inc lifted its position in shares of iShares Core High Dividend ETF (NYSEARCA:HDV) by 34.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 193,356 shares of the exchange traded fund’s stock after acquiring an additional 49,360 shares during the period. iShares Core High Dividend ETF makes up approximately 0.5% of IFP Advisors Inc’s portfolio, making the stock its 27th largest position. IFP Advisors Inc owned approximately 0.20% of iShares Core High Dividend ETF worth $23,514,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in shares of iShares Core High Dividend ETF by 3.6% in the second quarter. Bank of America Corp DE now owns 4,501,871 shares of the exchange traded fund’s stock worth $527,484,000 after buying an additional 155,098 shares during the last quarter. UBS Group AG lifted its stake in iShares Core High Dividend ETF by 4.5% in the 4th quarter. UBS Group AG now owns 1,461,075 shares of the exchange traded fund’s stock worth $177,681,000 after purchasing an additional 62,850 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in iShares Core High Dividend ETF by 6.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,278,250 shares of the exchange traded fund’s stock worth $156,522,000 after purchasing an additional 74,589 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of iShares Core High Dividend ETF by 13.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 741,637 shares of the exchange traded fund’s stock valued at $90,674,000 after acquiring an additional 88,017 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of iShares Core High Dividend ETF by 11.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 707,868 shares of the exchange traded fund’s stock valued at $86,621,000 after acquiring an additional 70,191 shares during the last quarter.

iShares Core High Dividend ETF Stock Up 0.5%

HDV stock opened at $27.71 on Wednesday. The firm’s fifty day simple moving average is $26.95 and its two-hundred day simple moving average is $25.95. iShares Core High Dividend ETF has a twelve month low of $22.82 and a twelve month high of $28.18. The stock has a market capitalization of $13.72 billion, a price-to-earnings ratio of 18.55 and a beta of 0.54.

About iShares Core High Dividend ETF

The iShares Core High Dividend ETF (HDV) is an exchange-traded fund that is based on the Morningstar Dividend Yield Focus index. The fund tracks a dividend-weighted index of 75 high-yielding US equities, screened for high earnings potential and dividend sustainability. HDV was launched on Mar 29, 2011 and is managed by BlackRock.